Consumer confidence is recovering in the US.

WASHINGTON — Americans' views of the economy improved in May after five straight months of declines, driven largely by anxiety about the impact of President Donald Trump's tariffs .

Yesterday Tuesday, The Conference Board reported that its consumer confidence index rose 12.3 points in May to 98, up from 85.7 in April, its lowest reading since May 2020, at the height of the coronavirus pandemic.

The Conference Board #ConsumerConfidence Index® increased by 12.3 points in May to 98.0 (1985=100), up from 85.7 in April.

The #PresentSituation Index—based on consumers' assessment of current business and labor market conditions—rose 4.8 points to 135.9. The… pic.twitter.com/b86bVWGkbN